What RAILROAD RETIREMENT TAX ACT means: The law that provides for railroad retirement benefits.
- Definition Recapture Of Depreciation:
- Dictionary property is sold, gain generally is taxed as ordinary income up to the amount of depreciation claimed (for personal property) and to the extent of the excess of accelerated depreciation claimed over railroad retirement tax act definition.
- Definition Recovery Property:
- Dictionary Recovery property is a term used to describe property that is eligible to be depreciated under either ACRS or MACRS. See ACRS and MACRS railroad retirement tax act explain.
- Definition Recapture:
- Dictionary The inclusion of a previously deducted or excluded amount in gross income or tax liability. Recapture may be applicable to accelerated depreciation, cost recovery, amortization, and various credits railroad retirement tax act what is.
- Definition Recovery Period:
- Dictionary The period of years over which the cost of business assets is written off under ACRS or MACRS railroad retirement tax act meaning.
How works Railroad Retirement Tax Act meaning in Tax definitions R .
